Home prices defy predictions, rising 6.3 percent annually

rising-home-prices-300x195By Jann Swanson | Mortgage News Daily

Prices increases escalated again on a year-over-year basis in August according to information released on Tuesday by CoreLogic. The company’s Home Price Index (HPI) was up by 6.2 percent compared to August 2015. The July annual increase was 6.0 percent and June-to-June appreciation was 5.7 percent. Price gains from July to August nationwide were estimated at 1.1 percent for the third consecutive month.

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Goodyear approves land purchase

By Mary Goldmeer | YourValley The Goodyear City Council unanimously approved a proposal to purchase a 13-acre parcel for $8.4 million. The acquisition, is planned to support future expansion

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